News

It is built on the unspoken assumption that policies relying on the veracity of the Phillips curve ... of U.S. inflation. The curve, which claims to model an inverse relationship between inflation ...
They keep shoveling out the dumbest economic concept of all time: the Phillips Curve ... The whole concept of an inverse relationship between unemployment and inflation blew up when it was ...
Many assertions about monetary policy are based on the Phillips Curve, illustrated in the following chart, that posits a particular relationship between the inflation rate and the unemployment ...
The Phillips curve essentially describes the relationship between wage inflation and unemployment as an inverse one, suggesting that reduced inflation accompanies rising unemployment. This ...
The Phillips curve suggests a short-term inverse relationship between inflation and unemployment. Critics argue the model fails in the long term, evidenced by various Nobel criticisms. Investors ...
The Phillips curve describes an inverse correlation between inflation and unemployment. It says that as inflation rises, unemployment goes down, and vice versa. The curve got its name from a New ...
The Phillips curve represents the inverse relationship between inflation rates and the unemployment rate and/or the degree to which a country's potential GDP is effectively being produced.
they tend to run together more often than in an inverse relationship. As my colleague at the Committee to Unleash Prosperity, David Simon, puts it: “The historical evidence shows the opposite of the ...